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[QUOTE]Originally posted by STAR GAZER: [QB] Another stock that is being discussed here and on the Raging Bull site is BICO .085 Some Chinese investors just bought 10 million convertible preferred shares at $1 a share, covertible to regular shares in one year. They wouldn't have paid $1/share unless they thought that the price will be over that amount in a year. ...................... Price was +.50 in February and then had a steady decline to the 8 to 9 cent range. It looks like the Chinese investors think that the price will not only go up and pass the 50 cent price, but will go above $1 in a years time. If they want to commit 10 million dollars to BICO, I'm willing to commit $10, maybe even more than that. IP: Logged STAR GAZER Member posted July 14, 2004 16:43 [/QB][/QUOTE]
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